In the United Kingdom the national chain style of selling records and tapes developed with Our Price, itself originally a small independent business founded in the early 1970s that expanded nationwide.
Although music sales continued in dedicated sections of video stores (until their demise) and at big box retailers such as Best Buy, Walmart and Target.
Soon, however, mail order and internet selling caused prices to fall, and with the advent of downloads and streaming, many record shops were forced to close.
Major chains in the UK and North America that have closed in recent years are Our Price, Zavvi, The Wherehouse, Andys Records, Music and Video Club and Media Play.
The HMV Vault in Birmingham, England is now the world's largest record shop, opening its doors in October 2019.
The shop was originally opened in 1921 by the composer Sir Edward Elgar and had four floors of CDs, LPs, singles and DVDs.
The revamped store was reopened in 2013 attended by many of the world's biggest stars including Paul McCartney, Robbie Williams and Elton John.
The world's largest store selling records, CDs and other related and non-related products is Saturn in Hamburg, Germany.
This former department store is the world's largest electronic retailer with 6 floors selling consumer products related to music and electric appliances including record players.
African American entrepreneurs embraced record stores as key vehicles for economic empowerment and critical public spaces for black consumers at a time that many black-owned businesses were closing amid desegregation.